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Affiliated Managers' CEO Discusses Q2 2012 Results - Earnings Call Transcript

Affiliated Managers Group (AMG)

Q2 2012 Earnings Call

July 31, 2012 11:00 a.m. ET

Executives

Sean Healey – Chairman, Chief Executive Officer

Nathaniel Dalton – President, Chief Operating Officer

Jay Horgen – Chief Financial Officer

Analysts

William R. Katz - Citigroup

Daniel Thomas Fannon - Jefferies & Co.

Michael Kim – Sandler O'Neill

Robert Lee – KBW

Marc S. Irizarry – Goldman Sachs

Christopher Shutler – William Blair

Cynthia Mayer – Bank of America Merrill Lynch

Robert Lee – KBW

Presentation

Operator

Greetings, and welcome to the Affiliated Managers Group Second Quarter 2012 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Alexandra Lynn, Vice President of Corporate Strategy and Investor Relations for Affiliated Managers Group. Thank you. Ms. Lynn, you may begin.

Alexandra Lynn

Thank you for joining Affiliated Managers Group to discuss the results for the second quarter and first half of 2012. In this conference call, certain matters discussed will constitute forward-looking statements. Actual results could differ materially from those projected due to a number of factors including but not limited to those referenced in the company's Form 10-K and other filings we make with the SEC from time to time. We assume no obligation to update any forward-looking statements made during this call.

AMG will provide on its website, at www.amg.com, a replay of the call and a copy of our announcement of the results for the quarter, as well as the reconciliation of any non-GAAP financial measures to the most directly comparable GAAP financial measures.

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